PRESS RELEASES

Nassau Relocates Collections Division to Mass.

Corporate Headquarters Remains in New York

WESTBURY, NY, July 27, 2006—Nassau Asset Management is relocating its collections division office from Woonsocket, RI, to Wrentham, MA, effective Aug. 1, Nassau President Ed Castagna announced today. The new office, located closer to Boston, will offer distinct benefits to Nassau and its customers.

Nassau’s collections division is headed by Dan Potts, vice president of receivables management. The new address is:

Nassau Asset Management, Collections Division
844 Franklin St.
Suite 5A
Wrentham, MA 02093

The new phone number is 508-384-1500, and fax number is 508-384-1515. Potts’ email address remains dpotts@nasset.com.

Collections represent just one facet of Nassau’s business. Headquartered in Westbury on New York’s Long Island, the company has served the equipment leasing and finance industry for more than 25 years. Nassau streamlines the entire continuum of remarketing, collections, deficiency balance and legal activities necessary for resolving delinquent accounts--delivering faster results, higher returns and reduced workloads for leasing and finance companies. Specific services include:

  • collections prior to charge-off;
  • appraisal of leased assets before or after charge-off;
  • voluntary and involuntary repossessions;
  • full condition reports and appraisals on-site;
  • asset location and skip tracing;
  • equipment remarketing;
  • Nassau’s global remarketing Web site, www.nasset.com;
  • plant liquidations;
  • post charge-off and deficiency balance collections; and
  • legal services through nationwide attorney networks.

For more information, please visit www.nasset.com or call 1-800-4NASSAU (1-800-462-7728).


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MEDIA CONTACTS :

Edward Castagna
Nassau Asset Management
800.462.7728, ext. 301
ecast@nasset.com, cc:dcastagna@nasset.com

Denise Castagna
Nassau Asset Management
800.462.7728, ext. 310
dcastagna@nasset.com

Carla Young Harrington
Susan Carol Associates PR
540.899.3913
carla@scapr.com